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Bill excel sheet for Real Estate

hey everyone are you looking to help plan manage or optimize your real estate investments well look no further because i actually found this really awesome one-stop shop website that has a bunch of free tools for real estate using excel now i'm going to give you a quick walkthrough of some of these spreadsheets and how you can utilize them my name is ariel herrera with the analytics arial channel where we bridge the gap between real estate and technology now if you're new to the channel we do a lot of content relating to coding in python as well as higher level looking at tools and really get a feel to understand how you can systematize your real estate business please subscribe to this channel and if you want to see more content like this which is a quick tip please like the video alright let's get started so i stumbled upon this website as i was looking for some easy templates to start to work with in order to assess comparables for a property and this is on tiller which i haven't been on before but they have a centralized place for the 15 best free real estate spreadsheet templates now for those of you who are always searching for some templates you'll see that bigger pockets does have a few as well however you to pay for their service as well as for some other programs so whenever you can get free it is enticing at least for a place to start at so what do they actually have here one of the trackers that tiller has in this page for excel is the rental property tracker looks like it has an overview of the property itself as well as some rental expenses and income i do believe that when you want to track your rentals you should try to use other tools like cozy because it is web based and a little bit better to track those rentals but there is more so they have residential and commercial real estate investing spreadsheets they have information to cover debt service coverage ratio shared multi-family property worksheet rental cash flow analysis template now not all of these spreadsheets work because i was trying to click through some of them they didn't open but then some of them do so this one rental property cash flow analysis and you can actually download this template for free at least to get started and you can customize it on your own as to what are some of the nuances you want to add in order to calculate cash flow so it's a little bit of a combination between excel as well as google sheets i want to show you some other ones here so they do have this house flipping spreadsheet which i never flipped the property before however i read books on it and i thought this was a really really cool excel file it does have some macros which i said yes to so i think it's safe to do the same what's really neat that someone else has already done the work here there's three easy steps it looks like you set up your project info analyze a deal estimate repairs and even has a checklist here too for submitting an offer so if we go over to analyze the deal they separate it into different categories after repair value fixed cost repair cost rehab profit and ultimately you can get the actual number of how much cash return on investment you expect as well as what should be your maximum purchase price and this is really really neat because say if i want to start flipping i to be honest i've read a couple of books about it but i don't know go-to sources to start estimating this besides ones that you have to pay for so at least this can give an idea of where to start and then maybe i can find a couple of other free sources and take maybe different parts of it from each one to really make my perfect spreadsheet they also have other information of repair estimates not sure what each one of these means but i do like how it's broken out by labor equipment um do-it-yourself savings so it really shows you how much it would cost to do each part of repairing a property and i believe it sits on this website called house flipping spreadsheet but it's really neat at least give you that spreadsheet for free another one that i was interested in was the home buying comparison so it's not actually for comps but it's again a really cool tool that i could at least look at to start identifying what things that i can pull from it when i want to make my comp spreadsheet so it seems like this individual or the example is looking at purchasing three different properties and you can do a quick comparison here based on square footage what potential hoa could be being able to compare number of stories in the house the heating has an alarm system etc neighborhood features as well and allows you to have a quick way to rank each of these so this could be really good if you say you're looking at multiple properties to potentially um dive further into before putting an offer or maybe you're a first time home buyer as well what i like about this is just how everything's broken down to different segments because it can be a little bit confusing when everything's just in a description for a property as well as when it's individual on an individual basis instead of seeing it side by side and of course you could always look for a real estate api to populate a lot of this information for you up front now the last one that i thought was really cool was rent versus buy investment spreadsheet as well as buy a house or rent template this one the first one was on google docs and i've had so many people in discussions just say do i buy a house or do i rent it out do i just keep renting um so here it's all based of course on the area i know a lot of people will say well don't throw your money away to rent but it really depends again on the area because some areas are way too expensive to buy and here gives you a quick analysis that you can copy over to see which over here it eventually just tells you rent or own which is the decision that you should do and how much money you would save yeah so unfortunately next one doesn't open so i'm guessing either the link is broken or yeah or it's been taking down some sense so not all the 15 free spreadsheets are available however i would have to estimate for the ones i've been clicking through maybe half of them are and again just a great start when you're developing your own templates you could at least leverage some free sources out the gate alright so that was my quick tip and thank you so much for watching please subscribe if you haven't already so you can see more videos just like [Music] this you